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0 0 0 0.00964630225080382 0.0119430408819475 0.0208237635890368 0.0297044862961261 0.0375899555963864
Stock impact report

3 Reasons CHGG is Risky and 1 Stock to Buy Instead [Yahoo! Finance]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Yahoo! Finance
This may have investors wondering how to approach the situation. Is now the time to buy Chegg, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free Why Do We Think Chegg Will Underperform? Even with the cheaper entry price, we're swiping left on Chegg for now. Here are three reasons why CHGG doesn't excite us and a stock we'd rather own. 1. Declining Services Subscribers Reflect Product Weakness As a subscription-based app, Chegg generates revenue growth by expanding both its subscriber base and the amount each subscriber spends over time. Chegg struggled with new customer acquisition over the last two years as its services subscribers have declined by 20.7% annually. This performance isn't ideal because internet usage is secular, meaning there are typically unaddressed market opportunities. If Chegg wants to accelerate growth, it likely needs to enhance the appeal of its current offerings or i Show less Read more
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